Recent

% | $
Quotes you view appear here for quick access.

PT Telekomunikasi Indonesia Tbk Message Board

  • chemicalrhapsody chemicalrhapsody Sep 4, 2013 5:38 PM Flag

    Stock Split, Stock Telkom responded positively on the Market

    Jakarta, August 28, 2013 - PT Telekomunikasi Indonesia Tbk (Telkom) has conducted a stock split (stock split) with a 1:5 ratio on August 28, 2013. Step corporation stock is expected to stimulate trade and increase the return per share that Telkom shares become more attractive in the eyes of investors.

    "The stock split was implemented in which one shares with a nominal value of Rp 250, - will be split into five shares with a nominal value of USD 50, - per share," said Vice President of Public Relations Telkom, Arif Prabowo in Jakarta, Wednesday (28/8). Currently Telkom shares despite nominal price of Rp 250, - per share, but the market price or transaction price is an average of USD 11 591, - based on data from the last 30 days.

    Stock split, according to Arif Prabowo can increase the number of shares outstanding and is expected to increase the liquidity of the stock. In addition, with this stock split will increase the affordability objectives retail investors can invest in the shares of Telkom. "Step stock split is expected to increase the company's share trading because the price is more affordable now," said Arif Prabowo.

    If the share price offered is not too high it is expected that many investors are interested in buying Telkom shares that trade volume will increase because of actively traded shares and will be more liquid. It will be followed by a rise in stock returns, so Telkom shares become more attractive in the eyes of investors.

    General Meeting of Shareholders (AGM) Annual Telkom on 19 April 2013 has approved several decisions, one of which is the implementation of the approved stock split (stock split) 1 to 5. On the first day of running steps Telkom corporate stock split, stock index this white red telecom companies has increased to 6.17% from the opening price of Rp 2,025 per share to Rp 2,150. This value is well above the rise in the stock index and utility infrastructure company which reached 1.44%, while the Jakarta Composite Index (JCI) which today has increased to 1.47%.

    Schedule the execution of the Company's stock split on August 27, 2013, with par value of time in the regular market and negotiated market. Then start trading the new shares with a nominal value in the regular market and negotiated on August 28, 2013.

    Last date of completion of the transaction the old shares with a nominal value in the regular market and negotiated on August 30, 2013, and the determination of the list of shareholders and are entitled to the securities account of shares resulting from the stock split on August 30, 2013.

    While the distribution of shares resulting from the stock split to holders of securities accounts, and the date of commencement of shareholders whose shares are not included in a collective custody for processing stock split on 2 September 2013. Completion of the transaction with a nominal value of new shares on 2 September 2013.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
TLK
43.38-0.16(-0.37%)Apr 17 4:02 PMEDT